Fidessa unveils US market access tools
Published on June 17, 2008.
Fidessa, a trading solutions provider, has released a new Intelligent Liquidity Access strategy for US buy- and sell-side participants.
The suite of trading tools includes Fidessa’s Direct Liquidity Access (DLA) and Direct Strategy Access (DSA) solutions.
DLA will provide brokers with a fully hosted and sponsored liquidity access solution to offer their buy- and sell-side clients. As well as providing direct access to electronic communication networks (ECNs), alternative trading systems (ATSs), dark pools and exchanges, Fidessa believes that brokers using this service will be able to benefit from a fully integrated compliance and a client risk management platform that allows them to manage real-time risk.
DSA will allow brokers to connect to Fidessa’s BlueBox algorithmic trading engine and open up their own bespoke trading algorithms to their clients. Brokers will also be able to control the algorithms and parameters exposed to their customers, as well as monitor risk management and performance in real time.
Martin Hakker, executive vice president of marketing, Fidessa, said in a statement: “Along with Fidessa BlueBox, DLA and DSA are fully integrated into the Fidessa trading platform and allow us to act as a one-stop-shop satisfying all our clients high-, low- and no-touch trading requirements.”
